Territorial Economic Growth and Recovery Act of 2019 This bill directs the Department of the Treasury to pay to U.S.possessions for taxable years beginning after 2018 the cost of the earned tax credit and the child tax credit paid to residents of such possessions.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
American SamoaCaribbean areaGuamIncome tax creditsNorthern Mariana IslandsPoverty and welfare assistancePuerto RicoTax treatment of familiesU.S. territories and protectoratesVirgin IslandsWages and earnings
Territorial Economic Growth and Recovery Act of 2019
USA116th CongressHR-410| House
| Updated: 1/9/2019
Territorial Economic Growth and Recovery Act of 2019 This bill directs the Department of the Treasury to pay to U.S.possessions for taxable years beginning after 2018 the cost of the earned tax credit and the child tax credit paid to residents of such possessions.
American SamoaCaribbean areaGuamIncome tax creditsNorthern Mariana IslandsPoverty and welfare assistancePuerto RicoTax treatment of familiesU.S. territories and protectoratesVirgin IslandsWages and earnings